Positive.
From Yahoo Finance: 2025-04-08 18:14:00
The world is facing increased conflict, with Russia’s war on Ukraine and the Middle East turmoil escalating. The number of conflict zones globally has risen by nearly two-thirds since 2021.
Global defense spending hit a record high of $2.46 trillion in 2024, with significant budget increases in Asia, Europe, the Middle East, and North Africa. This surge was due to deteriorating security environments and easing inflation in various regions.
While European and Asian defense stocks have soared this year, American defense stocks have lagged behind. Concerns about future military spending cuts and the impact of global events on the industry have affected investor sentiment.
GE Aerospace (NYSE:GE) ranks 2nd among the top 10 defense stocks with the highest EPS growth in 5 years. The company has seen significant financial success, with notable contract awards and plans to invest heavily in its facilities in the coming year.
President Trump’s unveiling of the new F-47 fighter jet and focus on revitalizing America’s military industry have boosted investor sentiment in the defense sector. Despite a shaky start to 2025, analysts remain optimistic about the industry’s future.
Read more at Yahoo Finance: Is GE Aerospace (GE) Among Defense Stocks with the Highest EPS Growth in 5 Years?